Financial Planning

Higher spending, missed payments? Your credit card may be cancelled

From a high credit card utilisation ratio to violating terms and conditions, like reward policies, there are several reasons credit card companies can cancel your credit card.

Here's how law protects seniors from neglect by their children

The Maintenance and Welfare of Parents and Senior Citizens Act, 2007, ensures that senior citizens are not abused by their children. If they have already transferred their property to their children on condition that they will be looked after, and if the children fail to keep their promise to do so, such transfers can be made void.

What is the 100-age rule of asset allocation?

Fallen into a credit card debt trap? Here are strategies to pay off debt

Several millennials are falling into credit card debt because of an expensive lifestyle. But there are some strategies to pay off credit card debt

Book Review | The Psychology of Money, by Morgan Housel

We rarely admit that luck also is important in the results we achieve. We attribute success to our skills. It’s important to know luck matters a lot and invest in such a way that we allow luck to play a positive role.

What is the 15x insurance rule?

Women's Day: How an article pulled Kiran Telang into the financial advisory industry

It was at the launch party of a new fund offer by a big mutual fund house that Telang realised that she didn’t want to just sell investment products. Financial planning felt more holistic to her, she says.